Form 4: Goodyear CFO Zamarro Reports RSU Vesting, Share Activity

Sentiment:

Insider Transaction Report


Goodyear's EVP & Chief Financial Officer, Christina L. Zamarro, reported the vesting of restricted stock units and related share transactions, including tax withholdings.

Summary

  • Christina L. Zamarro, EVP & Chief Financial Officer of Goodyear Tire & Rubber Co. (GT), reported transactions involving the vesting of Restricted Stock Units (RSUs).
  • On February 27, 2026, 59,158 shares of common stock were acquired due to the vesting of RSUs granted on February 27, 2023.
  • Concurrently, 26,829 shares were disposed of at $8.25 per share to cover withholding taxes related to the RSU vesting.
  • On March 1, 2026, a total of 66,671 shares of common stock were acquired from the vesting of RSUs. This included 28,366 units from a February 26, 2024 grant and 38,305 units from a February 24, 2025 grant.
  • An additional 30,236 shares were disposed of at $8.25 per share on March 1, 2026, for tax withholding purposes.
  • Following these transactions, Ms. Zamarro directly beneficially owned 143,873 shares of common stock.
  • An indirect beneficial ownership of 549 shares in a 401(k) Plan was also reported as of February 27, 2026.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While shares were disposed for taxes, the underlying RSU vesting indicates continued executive tenure and the fulfillment of equity compensation terms, which is a standard and expected part of executive remuneration.

Positives

  • Vesting of Restricted Stock Units (RSUs) indicates the fulfillment of performance or time-based conditions, reflecting continued employment and potentially positive company performance over the vesting period.
  • The acquisition of common stock through RSU vesting increases the executive's direct equity stake in the company, aligning their interests with shareholders.

Negatives

  • A significant number of shares (26,829 on 02/27/2026 and 30,236 on 03/01/2026) were disposed of to cover tax withholding obligations, reducing the net shares retained by the executive.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, particularly for executive compensation involving equity awards like Restricted Stock Units. These filings provide transparency into how executives manage their equity holdings, which is a common practice across publicly traded companies in all industries, including the automotive and tire manufacturing sector where Goodyear operates.

Stakeholder Impact

  • Shareholders: The vesting and subsequent sale of shares for tax purposes by a key executive provides transparency into insider holdings but is unlikely to have a significant direct impact on the company's operational performance or strategic direction. It slightly increases the float of shares available in the market.
  • Employees: The RSU vesting demonstrates the company's ongoing equity compensation practices for executives, which can be a benchmark for other employees with similar equity plans.

Key Dates

DateDescription
2022-12-20Date of Power of Attorney authorizing Daniel T Young to sign Form 4 on behalf of Christina L. Zamarro.
2023-02-27Grant date of Restricted Stock Units that vested on February 27, 2026.
2024-02-26Grant date of Restricted Stock Units, one-third of which vested on March 1, 2026.
2025-02-24Grant date of Restricted Stock Units, one-third of which vested on March 1, 2026.
2026-02-27Transaction date for RSU vesting and share disposition for tax withholding; also the date for 401(k) plan share allocation.
2026-03-01Transaction date for RSU vesting and share disposition for tax withholding.
2026-03-03Signature date of the Form 4 filing.

Recommendation

hold

This Form 4 filing details routine executive compensation events (RSU vesting and tax-related share sales). It does not provide new information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transactions are expected and do not signal any material positive or negative developments for Goodyear. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than this specific insider transaction.

Keywords

Goodyear, GT, Christina Zamarro, Form 4, SEC filing, insider transaction, restricted stock units, RSU vesting, executive compensation, share ownership, common stock, tax withholding

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